5505 Lake Elton Rd is a 1,576 square foot house on a 0.47 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Durham data, we estimate the home's value is $440,053.
Single-familyProperty Type
2003Year Built
0.47 acresLot Size
$279Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$440,053
$4,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 10.1% higher than the average sale price ($400K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$4,319 (+28.3%)
$110,691 + $325,022
$435,713
2024
$3,367 (+6.5%)
$110,691 + $325,022
$435,713
2023
$3,162 (+2.3%)
$55,050 + $186,314
$241,364
2022
$3,089 (+0.5%)
$55,050 + $186,314
$241,364
2021
$3,075 (+2.4%)
$55,050 + $186,314
$241,364
2020
$3,002
$55,050 + $186,314
$241,364
2019
$3,002 (+4.4%)
$55,050 + $186,314
$241,364
2018
$2,877 (+0.7%)
$33,030 + $179,038
$212,068
2017
$2,856 (+3.5%)
$33,030 + $179,038
$212,068
2016
$2,759 (−5.2%)
$33,030 + $179,038
$212,068
2014
$2,909 (+3.1%)
$36,307 + $173,876
$210,183
2013
$2,820 (+2.3%)
$36,307 + $173,876
$210,183
2012
$2,757 (+0.7%)
$36,307 + $173,876
$210,183
2011
$2,740
$36,307 + $173,876
$210,183
Tax history for 5505 Lake Elton Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,319 (+28.3%)
$110,691 + $325,022
$435,713
2024
$3,367 (+6.5%)
$110,691 + $325,022
$435,713
2023
$3,162 (+2.3%)
$55,050 + $186,314
$241,364
2022
$3,089 (+0.5%)
$55,050 + $186,314
$241,364
2021
$3,075 (+2.4%)
$55,050 + $186,314
$241,364
2020
$3,002
$55,050 + $186,314
$241,364
2019
$3,002 (+4.4%)
$55,050 + $186,314
$241,364
2018
$2,877 (+0.7%)
$33,030 + $179,038
$212,068
2017
$2,856 (+3.5%)
$33,030 + $179,038
$212,068
2016
$2,759 (−5.2%)
$33,030 + $179,038
$212,068
2014
$2,909 (+3.1%)
$36,307 + $173,876
$210,183
2013
$2,820 (+2.3%)
$36,307 + $173,876
$210,183
2012
$2,757 (+0.7%)
$36,307 + $173,876
$210,183
2011
$2,740
$36,307 + $173,876
$210,183
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS-20
Residential Suburban Districts
The RS Districts are established to provide for orderly suburban residential development and redevelopment. A limited number of nonresidential uses are allowed, subject to the restrictions necessary to preserve the character of the suburban neighborhood. Multifamily development is permitted in areas designated RS-M, which should have convenient access to arterial streets and nearby civic, commercial or employment uses.